citizen_friend
Joined 3 years ago
Joined 3 years ago
I would also rather be an engineer than fix apartments.
Scams and low quality content are usually a strong indicator something used to be good, and attracted copy cats.
Yes it’s a terribly written book, but that’s typically the case from non-professional writers who just have something to say.
My biggest takeaway is that “stay in school so you can get a good job” is not a great wealth creation strategy. You just compete with other highly qualified candidates for jobs that pay 20-30% more (See 20+ years at Boeing). Jobs like this also attract other risk averse people.
That’s not what’s happening.
There is a myth that higher paying jobs must be more miserable, but it’s rarely true.
If he can’t understand a limit it really puts a question mark on whether it’s worth reading his insight into the subject.
- you previously spent time building relationships with contractors. You didn’t just type in property management in Google
- a significant overhead goes to insurance and management. Your comfortable putting money as needed into the venture. You have knowledge of legal pitfalls of being a landlord.
- you regularly spend time managing these contracts